Utz Brands to be acquired by Intersnack Group for $14.25 per share in cash

Utz Brands, Inc.

Merger consideration of $14.25 per share in cash for each share of Class A common stock.
Special committee of disinterested directors unanimously approved the deal; board recommends stockholder approval.
Closing conditions include stockholder vote, HSR waiting period expiration, and no legal restraint.
Termination fee of $50 million payable by Utz in certain circumstances; outside date is April 20, 2027.
Class V common stock held by continuing stockholders canceled for no consideration.

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